The Big 12 conference became the first named party in the House v. NCAA case to vote to settle that case and related anti-trust cases, sources told ESPN, forging a path to a new era in college athletics.
The key parts of the settlement will include the NCAA paying for more than $2.7 billion in back damages over a decade, about $1.6 billion of which will be withheld from schools. Leagues need only majority votes to approve the settlement, and the detractors in conferences aren't believed to have enough momentum to sway to a no vote, per ESPN sources.
There's no clarity on Title IX's role in revenue sharing, how roster caps will work and what enforcement of Name Image and Likeness will look like.
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